EMCC European Monitoring Centre on Change

Hotelbeds

Company/Organisation:
Hotelbeds

Geographic Location

Country: World

Company

Sector: Administrative services
Administrative and support service activities
79 - Travel agency, tour operator and other reservation service and related activities
Number Employed: 6000
Group: TUI Travel

Employment Effects

Announcement Date: 07-11-2011
Type of Restructuring: Business expansion
Employment Effect Start: 08-11-2011
Foreseen End Date: 08-11-2016
Planned Job Creation: 1200

Additional Information

Hotelbeds, a travel accommodation wholesaler, has announced to increase its global workforce by 20% over the next five years, creating 1,200 jobs.

Hotelbeds sells hotel accommodation to travel firms and airlines. The company operates worldwide. It targets its expansion plans primarily to Asia and the Americas.

The company is owned by UK-headquartered TUI Travel and currently employs 6,000 people worldwide.

Sources:

07-11-2011Reuters
07-11-2011www.incentivetravel.co.uk

Sources Links:

http://www.reuters.com/article/2011/11/07/us-hotelbeds-idUSTRE7A617G20111107 http://www.incentivetravel.co.uk/venuesevents/4136-tui-travels-hotelbeds-unveils-plans-to-increase-workforce-by-18